Gunderman Corporation has two divisions: the Alpha Division and the Charlie Division. The Alpha Division has sales of $300,000, variable expenses of $152,100, and traceable fixed expenses of $70,300. The Charlie Division has sales of $610,000, variable expenses of $335,800, and traceable fixed expenses of $131,900. The total amount of common fixed expenses not traceable to the individual divisions is $133,200. What is the company's net operating income?

	$219,900
	$422,100
	$86,700
	$274,200